Tower Research Capital LLC TRC acquired a new stake in Cosan S.A. (NYSE:CSAN – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,698 shares of the company’s stock, valued at approximately $27,000.
Several other large investors have also bought and sold shares of CSAN. GAMMA Investing LLC bought a new stake in shares of Cosan in the 4th quarter valued at about $27,000. O Shaughnessy Asset Management LLC increased its position in Cosan by 22.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 13,086 shares of the company’s stock valued at $178,000 after purchasing an additional 2,411 shares during the period. SPX Gestao de Recursos Ltda bought a new position in Cosan during the 4th quarter worth approximately $76,000. Trexquant Investment LP lifted its position in shares of Cosan by 183.3% in the 3rd quarter. Trexquant Investment LP now owns 38,719 shares of the company’s stock worth $526,000 after purchasing an additional 25,051 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Cosan in the 4th quarter worth approximately $397,000.
Cosan Stock Performance
Cosan stock traded up $0.23 during trading hours on Friday, reaching $11.56. 358,638 shares of the company’s stock were exchanged, compared to its average volume of 537,167. The firm’s 50 day simple moving average is $12.47 and its 200 day simple moving average is $13.86. Cosan S.A. has a twelve month low of $10.70 and a twelve month high of $17.50.
Cosan Profile
Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company's Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.
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